2023-08-09T13:52:01-05:00 2022-09-30 204989621 VERDEJA DE ARMAS TRUJILLO ALVAREZ LLP 255 ALHAMBRA CIR STE 630 CORAL GABLES FL 331347417 990 2021-10-01 590854960 PHILLIP AND PATRICIA FROST MUSUEUM OF SCIENCE INC PHIL 3056464200 1101 BISCAYNE BLVD MIAMI FL 33132 AMY GILLETTE CFO 3054349541 2023-08-09 1 AMY GILLETTE XXX-XX-XXXX OCTAVIO A VERDEJA P00640853 3054463177 2023-08-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z FROST SCIENCE FRANK STESLOW 1101 BISCAYNE BLVD MIAMI FL 33132 23067993 0 X WWW.FROSTSCIENCE.ORG X 1949 FL FROST SCIENCE INSPIRES AND CONNECTS PEOPLE OF ALL AGES AND BACKGROUNDS TO ENJOY SCIENCE AND TECHNOLOGY, AND TO BETTER UNDERSTAND OURSELVES AND OUR WORLD. 21 21 236 103 -163325 0 6840995 4082333 11579179 16027021 10506 37697 3304454 1424022 21735134 21571073 31834 33388 0 0 6454600 8105238 0 0 945386 20517433 21032805 27003867 29171431 -5268733 -7600358 243382615 223553087 27494203 15265033 215888412 208288054 X FROST SCIENCE INSPIRES AND CONNECTS PEOPLE OF ALL AGES AND BACKGROUNDS TO ENJOY SCIENCE AND TECHNOLOGY, AND TO BETTER UNDERSTAND OURSELVES AND OUR WORLD. 0 0 3663517 AQUARIUM AND CONSERVATION - SEE SCHEDULE OAQUARIUM AND CONSERVATIONTHE MUSEUM HOUSES MORE THAN 7,500 ANIMALS OF OVER 449 SPECIES, INCLUDING PELAGIC FISH LOCATED IN OUR ICONIC 500,000-GALLON GULF STREAM HABITAT. THE EXHIBIT SPANS THREE LEVELS: THE VISTA GIVES VISITORS UNIQUE PERSPECTIVES ON THE BIOMECHANICS OF VARIOUS CREATURES OF THE HIGH SEAS; THE DIVE PUTS VISITORS EYE-TO-EYE WITH OPEN OCEAN DENIZENS AND PRESENTS THE LATEST SCIENCE ON HOW THE OCEANS WORK; AND THE DEEP SHARES THE MYSTERIES OF THE GULF STREAM'S DEPTHS AS VISITORS GAZE UP THROUGH A 31-FOOT OCULUS LENS INTO THE OPEN REALM ABOVE. THE HUSBANDRY TEAM CONDUCTS OVER 100 EXHIBIT ENCOUNTERS PER YEAR, GETTING OUR GUESTS FACE TO FACE WITH OUR ANIMAL AMBASSADORS. THE MUSEUM WORKS WITH NATIONAL AND LOCAL PARTNERS TO CONDUCT REGULAR RESTORATION WORK AT LOCATIONS AROUND MIAMI-DADE COUNTY, WITH A GOAL OF INCREASING NATIVE PLANT SPECIES WHILE REDUCING THE OCCURRENCE OF DESTRUCTIVE INVASIVE SPECIES - CREATING A MORE SUSTAINABLE ECOSYSTEM AND STRENGTHENING THE COMMUNITY'S DEFENSE AGAINST SEA LEVEL RISE. SINCE 2007, THE MUSEUM HAS ENHANCED 25 ACRES OF COASTAL HABITATS WITH THE HELP OF OVER 11,000 VOLUNTEERS. ANNUALLY, THE MUSEUM ALONG WITH ITS VOLUNTEERS REMOVE AND CATALOG OVER 10,000 PIECES OF MARINE DEBRIS FROM COASTAL ENVIRONMENTS. ADDITIONALLY, THE MUSEUM'S CONSERVATION TEAM HAS HELPED PLANT MORE THAN 1,000 CORALS AND RELOCATED 200 DIADEMA SEA URCHINS ALONG THE FLORIDA REEF TRACT SINCE 2018. THE MUSEUM ALSO EMPLOYS A RAPID RESPONSE TEAM WORKING WITH FEDERAL, STATE AND LOCAL AGENCIES TO PREVENT THE SPREAD OF INVASIVE MARINE SPECIES. 1760158 33388 449295 EDUCATIONAL PROGRAMS AND OUTREACH - SEE SCHEDULE OEDUCATIONAL PROGRAMS AND OUTREACHTHE MUSEUM OFFERS RIGOROUS AND DIVERSE EDUCATION PROGRAMS, BOTH AT THE MUSEUM AND OUT IN THE LOCAL COMMUNITY. WE TYPICALLY WELCOME MORE THAN 75,000 SCHOOLCHILDREN EACH YEAR, HELPING TO INSPIRE THE NEXT GENERATION TO ACHIEVE THEIR FULL POTENTIAL IN THE FIELDS OF SCIENCE. THE MUSEUM HAS REDEFINED THE ROLE MUSEUMS PLAY IN STRENGTHENING SCIENCE LEARNING AND HAS RECEIVED NATIONAL RECOGNITION FOR OUR EDUCATIONAL PROGRAMS. THE MUSEUM'S EDUCATIONAL PROGRAMS FOCUS ON SIX MAIN AREAS: YOUTH DEVELOPMENT, LEARNING RESEARCH, FAMILY ENGAGEMENT, INCREASING ACCESSIBILITY, EDUCATOR PROFESSIONAL DEVELOPMENT AND INNOVATIVE TECHNOLOGIES. OUR EDUCATION TEAM COLLABORATES WITH RESEARCHERS, LEADING EXPERTS, AND EVALUATORS TO IDENTIFY THE BEST WAYS TO ACCESS AND EDUCATE UNDERSERVED AND UNDERREPRESENTED GROUPS, THEN DISSEMINATE THOSE STRATEGIES NATIONWIDE FOR LARGER IMPACT WHENEVER POSSIBLE. 16915917 14575562 EXHIBITIONS AND PUBLIC ENGAGEMENT - SEE SCHEDULE OEXHIBITIONS AND PUBLIC ENGAGEMENTWORLD-CLASS PERMANENT EXHIBITIONS INCLUDE FEATHERS TO THE STARS, AN EXHIBIT THAT CARRIES VISITORS THROUGH THE AMAZING STORY OF HOW ANCIENT EVOLUTION GAVE BIRTH TO ANIMAL FLIGHT, HOW HUMANS USED IMAGINATION AND ENGINEERING TO GET AIRBORNE AND HOW OUTER SPACE IS THE NEXT FRONTIER; MELA?, AN EXHIBITION THAT FOCUSES ON HEALTH AND WELLBEING - INCLUDING HEALTH LABS, WHERE VISITORS CAN STEP INTO THE SHOWS OF A HEALTH SCIENTIST AND CONDUCT EXPERIMENTS; RIVER OF GRASS, WHICH TAKES YOUNG EXPLORERS INSIDE ONE OF THE MOST PRECIOUS ECOSYSTEMS ON THE PLANET, THE EVERGLADES; AND MAMMOTHS: ICE AGE GIANTS, WHERE VISITORS CAN GO BACK IN TIME TO EXPLORE THE DIVERSITY, ADAPTATION AND EXTINCTION OF GIANT BEASTS THAT ROAMED NORTH AMERICA 10,000 YEARS AGO. THE FROST PLANETARIUM USES 16 MILLION COLOR 8K PROJECTION TO FEATURE EDUCATIONAL FILMS RICH IN CONTENT THAT TAKE VISITORS ON VISUAL JOYRIDES THAT BOTH THRILL AND EDUCATE. IN ADDITION TO ITS PERMANENT EXHIBITS, THE MUSEUM HOSTS A NUMBER OF RENOWNED TRAVELING EXHIBITIONS EACH YEAR. 1904482 1986861 ANCILLARY SERVICES - RETAILIN 2021, THE MUSEUM BEGAN MANAGING AND OPERATING ITS ONSITE RETAIL STORE FROM A THIRD-PARTY VENDOR TO PROVIDE PRODUCT THAT MORE CLOSELY ALIGNED WITH ITS MISSION TO INSPIRE PEOPLE OF ALL AGES AND BACKGROUNDS TO ENJOY SCIENCE AND TECHNOLOGY. WITH OVER 2,000 UNIQUE ITEMS, THE STORE OFFERS A DIVERSE SELECTION OF SCIENCE TOOLS AND TOYS, BOOKS, APPAREL & ACCESSORIES, PLUSH, AND UNIQUE EXHIBITION-RELATED GIFTS - ALL WITH AN EMPHASIS ON STEM AND EDUCATION. THE MUSEUM ALSO PARTNERS WITH WOMEN-OWNED, MINORITY-OWNED, AND LOCAL BUSINESSES TO BRING PRODUCT LINES THAT ARE SUSTAINABLE, FAIR-TRADE, OR WERE PRODUCED USING NET ZERO CARBON EMISSIONS.OTHER PROGRAMMATIC ACTIVITIESTHE MUSEUM PERFORMS A NUMBER OF OTHER PROGRAMMATIC ACTIVITIES, WHICH INCLUDE FIELD TRIPS AND GROUP VISITS, PRIVATE EVENTS, PRODUCTION COSTS OF SCIENCE-BASED LECTURES, PANELS AND SCREENINGS, TARGETED ADVERTISING, NEWSLETTERS AND MORE. 1904482 1986861 24244074 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 64 0 1 236 1 1 1 0 0 0 0 0 0 0 0 0 X 21 21 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X AMY GILLETTE 3054349541 1101 BISCAYNE BLVD MIAMI FL 33132 CESAR L ALVAREZ CHAIR 5.00 X 0 0 0 RICHARD C PFENNIGER JR VICE CHAIR 5.00 X 0 0 0 PATRICIA FROST DIRECTOR 5.00 X 0 0 0 PHILLIP FROST DIRECTOR 5.00 X 0 0 0 RICHARD LAMPEN DIRECTOR 3.00 X 0 0 0 EDWARD MARQUEZ DIRECTOR 3.00 X 0 0 0 MICHAEL SPRING DIRECTOR 3.00 X 0 0 0 PAUL J DIMARE DIRECTOR 3.00 X 0 0 0 COMMISSIONER KEON HARDEMON DIRECTOR 1.00 X 0 0 0 COMMISSIONER KEN RUSSELL DIRECTOR 1.00 X 0 0 0 LESLIE MILLER SAIONTZ DIRECTOR 1.00 X 0 0 0 JOSEPH L FALK DIRECTOR 1.00 X 0 0 0 SANDRA FORGES DIRECTOR 1.00 X 0 0 0 KELLY JIN DIRECTOR 3.00 X 0 0 0 DR RICHARD KURIN DIRECTOR 1.00 X 0 0 0 DR IOANNIS MIAOULIS DIRECTOR 1.00 X 0 0 0 STEVE R FRANK DIRECTOR 3.00 X 0 0 0 KIERAN BOWERS DIRECTOR 1.00 X 0 0 0 KIMBERLY MENDELSON DIRECTOR 1.00 X 0 0 0 OTI ROBERTS DIRECTOR 1.00 X 0 0 0 OANA REEDY DIRECTOR 1.00 X 0 0 0 FRANK STESLOW PRESIDENT & CEO 40.00 X 398304 0 24122 AMY GILLETTE VP OF FINANCE 40.00 X 184315 0 10300 GEORGE POWERS SVP OF ENGINEER & OPS 40.00 X 237955 0 25950 BROOKS WEISBLAT VP OF TECHNOLOGY 40.00 X 131175 0 9462 JOSEPH QUINONES VP OF MARKETING 40.00 X 126057 0 9112 NEIL KURLANDER SVP OF ADM & GENERAL 40.00 X 237510 0 11628 REBECCA MANDELMAN SVP OF EXTERNAL AFFAIRS & 40.00 X 225001 0 10875 ANDREW DEHART VP OF ANIMAL HUSBANDRY & MARINE CONSERVATION 40.00 X 144140 0 8157 1684457 0 109606 8 1 1 0 PRITCHARD SPORTS & ENTERTAINMENT GROUP L 2130 PRIEST BRIDGE DR 9 CROFTON MD 21114 HOUSEKEEPING SERVICES 769306 SCIENCE MUSEUM OF MINNESOTA 120 WEST KELLOGG BLVD ST PAUL MN 55102 EXHIBIT RENTAL FEES 375135 A&A GROUP 156 WEST 56TH ST 3RD FLOOR NEW YORK NY 10019 ADVERTISING 255650 SHERLOCK HOLMES EXHIBITION LLC 214 EAST 4TH STREET SUITE 170 ST PAUL MN 55101 EXHIBIT RENTAL FEES 246327 VICO PAINTING CONTRACTORS LLC 2648 W 84TH ST HIALEAH FL 33016 FACILITIES REPAIR & MAINTENANCE 205673 12 714794 3367539 42524 4082333 ADMISSIONS 11306955 11306955 ANCILLARY SERVICES 1986861 1986861 MEMBERSHIPS 1756992 1756992 EVENTS AND RENTALS 526918 526918 EDUCATIONAL PROGRAMS 449295 449295 16027021 10741 10741 20017 27528 20589 0 -572 27528 26956 26956 1313006 1476331 -163325 -163325 GAIN ON EXTINGUISHMENT OF DEBT 900099 1518096 1518096 OTHER INCOME 900099 69251 69251 1587347 21571073 17614368 -163325 37697 30988 30988 2400 2400 1035784 446200 527222 62362 334470 149650 90686 94134 5384409 4195216 856799 332394 434588 315613 89353 29622 367288 266737 75516 25035 548699 398484 112815 37400 35590 23955 11635 62108 62108 207769 172258 34438 1073 1261038 1147996 5852 107190 109179 72344 36191 644 255043 86373 164742 3928 3073735 2744008 306266 23461 19969 18192 1698 79 46410 11996 34414 449211 449211 12198110 11658746 461630 77734 1371677 1263230 96206 12241 EXHIBITS AND COLLECTION 659405 659405 LIVING COLLECTIONS & RE 347952 347952 BANK SERVICE CHARGES 339219 0 339219 TOOLS & EQUIPMENT 159952 50860 108551 541 436438 181471 117419 137548 29171431 24244074 3981971 945386 11488217 12070031 611600 611582 19834009 11062562 597264 539107 147917 225297 269384 474138 268718424 70152066 210430212 198566358 4012 4012 243382615 223553087 1453023 1331250 513308 607661 22155025 10027000 2000000 2000000 1372847 1299122 27494203 15265033 X 213601899 205952601 2286513 2335453 215888412 208288054 243382615 223553087 -7600358 0 X 0 1 X 1 1 1 X 7208592 5456445 3155621 6826813 4082333 26729804 16334995 14498618 10839651 13871255 17366983 72911502 23543587 19955063 13995272 20698068 21449316 99641306 0 0 0 99641306 7050 10772 2354 966 10741 31883 7050 10772 2354 966 10741 31883 1573005 1587347 3160352 23550637 19965835 13997626 22272039 23047404 102833541 0.96900 0.98760 0.00030 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 611600 82 100 611582 860313 2 248835 100 611600 858060 2354 101 860313 925454 10744 78037 101 858060 919558 6051 155 925454 0.99880 0.00120 0 0 236446426 41673541 194772885 5951935 5554871 397064 26320063 22923654 3396409 198566358 LIABILITY UNDER MGNT AGREEMENT 955000 CAPITAL LEASES PAYABLE 4072 DEFERRED INTEREST 340050 1299122 X 22184555 0 22184555 -613482 -613482 21571073 29784913 0 29784913 -613482 -613482 29171431 PART III, LINE 4: THE MUSEUM'S COLLECTIONS HAVE BEEN BUILT OVER THE LAST 75 YEARS, WITH MORE THAN 12,000 OBJECTS IN OUR COLLECTION REPRESENTING A WIDE ARRAY OF DISCIPLINES, INCLUDING ARCHEOLOGY, GEOLOGY, ZOOLOGY AND PALEONTOLOGY. THESE COLLECTIONS ARE ON DISPLAY THROUGHOUT VARIOUS EXHIBITS OF THE MUSEUM, SHOWCASING OBJECTS FROM THE PAST THAT HIGHLIGHT WORK OF SCIENTISTS AND TELL A COMPELLING STORY TO HELP EDUCATE AND INSPIRE OUR VISITORS. PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 9/30/22, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 27,529. ADDITIONAL COST OF GOODS SOLD -683,535. INKIND GOODS 42,524. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 27,529. ADDITIONAL COST OF GOODS SOLD -683,535. INKIND GOODS 42,524. 1 UNIVERSITY OF MIAMI PO BOX 405803 ATLANTA GA 30384 590624458 501C3 30988 0 FMV UPWARD BOUND SUBAWARD STIPENDS FOR TEACHERS 7 2700 FMV STIPENDS FOR TEACHERS 1 X X X 0 0 0 0 0 0 0 0 0 FRANK STESLOW PRESIDENT & CEO 398304 0 0 0 0 0 2927 0 21195 0 422426 0 0 0 GEORGE POWERS SVP OF ENGINEER & OPS 222955 0 15000 0 0 0 4755 0 21195 0 263905 0 0 0 NEIL KURLANDER SVP OF ADM & GENERAL 222510 0 15000 0 0 0 4860 0 6768 0 249138 0 0 0 REBECCA MANDELMAN SVP OF EXTERNAL AFFAIRS & 217501 0 7500 0 0 0 4107 0 6768 0 235876 0 0 0 AMY GILLETTE VP OF FINANCE 184315 0 0 0 0 0 3532 0 6768 0 194615 0 0 0 ANDREW DEHART VP OF ANIMAL HUSBANDRY & MARINE CONS 144140 0 0 0 0 0 1389 0 6768 0 152297 0 0 0 A MIAMI-DADE COUNTY INDUSTRIAL DEVELOPMENT 591662816 2016-04-19 40000000 NEW MUSEUM PROJECT 0 0 0 A 40000000 700000 464444 38835556 2017 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 2 20589 FMV X MARKETING 4 29750 FMV X HUSBANDRY 1 7294 FMV X OPERATIONS 2 3000 FMV X ADVANCEMENT 2 2480 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS PHILLIP FROST AND PATRICIA FROST ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE ORGANIZATION'S CFO AND VP OF FINANCE EXAMINE THE FORM 990, INCLUDING ACCOMPANYING SCHEDULES AND STATEMENTS PRIOR TO FILING THE RETURN. IN ADDITION, THE FORM 990 AND ACCOMPANYING SCHEDULES AND STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE AND DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES COMPLETES A WRITTEN CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE QUESTIONNAIRE AND THE POLICY ARE REVIEWED ON AN ANNUAL BASIS BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESDIENT IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FUNCTIONING AS THE COMPENSATION COMMITTEE. THE COMMITTEE RECOMMENDS INCREASES BASED ON COMPARABLE DATA FROM OTHER INSTITUTIONS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED ANNUALLY BY THE PRESIDENT. THE PRESIDENT RECOMMENDS INCREASES BASED ON COMPARABLE DATA FROM OTHER INSTITUTIONS. THE EXECUTIVE COMMITTEE FUNCTIONING AS THE COMPENSATION COMMITTEE REVIEWS AND APPROVES THESE RECOMMENDED INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.